Updated: Sep 17
The era we live in is marked by a new form of capitalism known as "surveillance capitalism." This system provides free services to billions of people in exchange for the ability to meticulously monitor our behaviour on the internet, often without our explicit consent.
Tech giants like Google, Facebook, and Instagram continue to expand their empires by collecting this data, which is then processed by advanced machine intelligence to make market predictions.
Machine intelligence, situated at the intersection of machine learning and artificial intelligence, enables machines to interact intelligently with their environment.
Artificial Intelligence (AI), on the other hand, encompasses a range of algorithms, processes, and methodologies that empower computer systems to perform tasks that typically require human-level intelligence.
AI can manifest as a component within a larger system or as a standalone application, digital agent, or autonomous machine.
This new phase of capitalism has divided the citizens of society into two groups: the overseers and the supervised.
Capitalism & Surveillance